www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33152950
33152951

1479 W Smith Rd, Ferndale, WA 98248

MH
Compass Washington
Listed by Compass Washington
$2,760,000
6 days on market
Updated 6 days ago

1479 W Smith Road

Details
APN 390233-295517
Property Type Industrial
Sub Type Warehouse
Square Footage 24,386
Cap Rate 5.00%
NOI $138,073
Price per SqFt $113
Year Built 2021
Buildings 7
Stories 1
Acreage 1.150
Zoning Business, Commercial, Industrial, Industrial-Light, Office
Parking Spaces 4 spaces
Parking Per SqFt 0.16

Industrial | 5.00% CAP | 24,386 SqFt

Marketing description

Discover an exceptional investment opportunity with this pristine storage facility in Ferndale, ideally located just off Smith Road and moments from I-5 for unbeatable visibility and accessibility. Built in 2021, this modern complex features 120 meticulously maintained storage units, a versatile office space (approx. 544 sq. ft.), and a stylish condo (approx. 1,095 sq. ft.)—perfect for onsite living, renting, or housing a manager to oversee operations. The property includes a spacious 2-car garage (approx. 700 sq. ft.) and is fully gated with top-tier security, ensuring peace of mind for both you and your tenants. With impressively low vacancy rates and significant upside potential, this facility offers excellent income growth opportunities through self-management, flexible rental strategies, or enhanced operational efficiencies. Whether you're an investor, an entrepreneur, or someone seeking a live-work opportunity, this near-new complex offers the perfect blend of convenience, security, and growth potential. Don’t miss this rare chance to own a high-demand property in a thriving location!


Listing Contacts

MH
Compass Washington
Listed by Compass Washington

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$138,073.00
$11,506.08/mo

Valuation Metrics

0
DSCR
5%
Cap Rate
5%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Michelle Harrington
License
24000382
Brokerage
COMPASS
Brokerage Phone
3605100638
Title
Managing Broker
Brokerage Address
1318 12th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591